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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy (21122 Views)
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Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by CodeTemplar: 2:25am On Aug 28, 2018 |
The Link: http://www.dailymail.co.uk/news/article-5694463/California-overtakes-Britain-worlds-fifth-largest-economy.html California's economy has overtaken that of the United Kingdom to become the world's fifth largest, according to new federal data made public on Friday. The Golden State's gross domestic product rose by $127 billion from 2016 to 2017, surpassing $2.7 trillion, driven by strong productivity. Meanwhile, the UK's economic output slightly shrunk over that time when measured in U.S. dollars to reach $2.625 trillion, due in part to exchange rate fluctuations 16 Likes 7 Shares |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by CodeTemplar: 2:27am On Aug 28, 2018 |
Development isn't by sharing available funds to win people over but by inspiring productivity and making people work productively. I wish our leaders will see this and stop playing inter-regional domination politics with our lives. At the rate Nigeria is growing in population alone any wealth acquired by even the artificial regional billionaires like Dangote wont be able to correct the damage sustained nationally on their road to those riches. Nigeria is heading speedily for the 350 million population mark and it will be a painful thing to see that in all our years of easy money we didnt position the populace to be overall contributors to the system but burden who feel entitled to handouts and welfare support. Imagine a case where instead of 200 million people contributing N5,000 each to the economy, the economy is the one trying to keep up with distribution of that amount to those people. Now imagine a situation where there is no free and easy oil money in addition to the above. California has equipped people to be contributors and only do welfare for the needy and not the lazy or the greedy with a negligible fraction of their wealth. 171 Likes 14 Shares |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by unite4real: 2:36am On Aug 28, 2018 |
Just as Lagos has overtaken many countries in Africa. 85 Likes |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by tomakint: 2:37am On Aug 28, 2018 |
Once the 7th largest economy in the world now 5th, California a State in the United States is definitely not slowing down and to think an oil rich state like Texas ranks no where near this Technology dominated California with the likes of HP, Apple, Oracle, Warner Brothers Studio etc contributing to this State's revenue takes strong determination to succeed and perfect genius at work. 115 Likes 13 Shares |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by yomi96(m): 3:27am On Aug 28, 2018 |
Cali dat has silicon valley, Hollywood and large mechanized farms with a smart governor and a business oriented president will always go far. Not the lifeless bigot that is always known for backwardness cluelessness and poverty tomakint: 130 Likes 11 Shares |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by tomakint: 3:28am On Aug 28, 2018 |
yomi96: My brother, I just tire for naija matter.... ![]() ![]() ![]() 27 Likes |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by tomakint: 3:29am On Aug 28, 2018 |
unite4real: All those African Countries you mentioned are what Trump called "pack of Shithole Countries" including your Nigeria that is host to Lagos.... 111 Likes 9 Shares |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by CodeTemplar: 3:33am On Aug 28, 2018 |
tomakint:Nigerian govt is supporting individuals to grow into billionaires at the expense of the nation. They give forex to Dangote to build a huge refinery but didn't build one themselves. Can the government spent Dangote's wealth with him? At worse he will donate a token back but by then thing might have gone out of control. California is empowering SMEs to become industries and industries into Multinationals. 92 Likes 7 Shares |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by Nobody: 3:38am On Aug 28, 2018 |
See why we need to restructure this damn country 13 Likes 3 Shares |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by MANNABBQGRILLS: 3:38am On Aug 28, 2018 |
This is quite impressive 1 Like |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by AKswift: 3:48am On Aug 28, 2018 |
That’s is the outcome of a robust and genuine fiscal federation, where competition drives increased productivity, resource allocation efficiency and improves the capacity of the human resource to function nearly uninhibited as being. Back to Africa, Nigeria in particular, the facts are skewed and robed with greed, economic platitudes are constantly rejected and refered to as unrealistic, parasitic states are being nursed to remain unproductive despite the bountiful resources each possess. The political class, which doesn’t make up a percent of her population, keeps deceiving the ‘majority’, as we all celebrate and fight each other over recycled, career politicians. Well, we deserve the kind of leaders we have...I only feel for the intelligent few who lacks the capacity to upturn this situation. 62 Likes 1 Share |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by kodded(m): 4:30am On Aug 28, 2018 |
AKswift: so true at bolded ![]() read my signature below, thank me later ![]() 1 Like |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by Shawnnn01: 5:27am On Aug 28, 2018 |
AKswift: Do you mean this is what PDP as been doing for the past 16 years. 9 Likes 1 Share |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by Cozbymaster97(m): 5:29am On Aug 28, 2018 |
California!!! .... So they don't have lifeless leaders. 16 Likes 2 Shares |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by IdJack(m): 5:33am On Aug 28, 2018 |
This is good. How I wish my country (Nigeria) can move this fast in terms of economy growth etc. 6 Likes 1 Share |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by Authoreety: 5:36am On Aug 28, 2018 |
Ok na |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by apesinola001: 5:36am On Aug 28, 2018 |
Good news |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by 9jaBloke: 5:38am On Aug 28, 2018 |
Lagos, Naija Cali 35 Likes |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by thunderbabs: 5:38am On Aug 28, 2018 |
CodeTemplar: Your leaders do see every thing that promotes development in the developed economies but do they really care? Selfish interests is top priority to them. 4 Likes 1 Share |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by DuBLINGreenb(m): 5:38am On Aug 28, 2018 |
One day port Harcourt will over take Britain too and even california and maybe just maybe China If wishes were horses sha, but las las we all know the truth in our hearts 5 Likes |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by mmadu5(m): 5:40am On Aug 28, 2018 |
I love Cali like I love women 'Cause every nigga in LA got a little bit of thug in him 4 Likes |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by jayson87: 5:40am On Aug 28, 2018 |
News as this should have been told of lagos... if not for the thief called Tinubu, who robs this state dry and and his followers keep clapping for him 19 Likes |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by UncleSnr(m): 5:41am On Aug 28, 2018 |
Shawnnn01:Calling PDP as if they are not the same. PDP, APC and co all have the same set of old crooks, not just 16years, since 1960. 44 Likes 4 Shares |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by MPESA(m): 5:42am On Aug 28, 2018 |
Shawnnn01:Stop politicizing everything and think of your life and the future of unborn Generations. 48 Likes 2 Shares |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by Nobody: 5:45am On Aug 28, 2018 |
good to know! Nigeria needs a LIFE-FUL leader to attain such feat! ......EOD. 3 Likes |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by abumeinben(m): 5:46am On Aug 28, 2018 |
$2.7T ![]() That's a per capita of about $70,000 ![]() How much is Africa worth? Why am I even surprised gaan sef? Talk about Hollywood, the Casinos..... And the state is even almost half the size of Nigeria. 9 Likes |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by InvertedHammer: 5:50am On Aug 28, 2018 |
/ Nigerians are quick to compare Nigeria with US. I hope they are learning. California is only one of 50 states in US. Bite yourselves! Nigerians prefer welfare State than being proactive. Begging and solicitations have been elevated to an art forgetting that no nation or people ever begged themselves to prosperity. / 21 Likes 1 Share |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by anyaekekehinde(m): 5:54am On Aug 28, 2018 |
CodeTemplar: I have being lucky to meet some intelligent dudes in life, but you rank among the top I have ever met. Baba I salute your wisdom. May God continue to bless you and bless Nigeria with great thinkers. One of the problems with Nigeria is majority of Nigerians have low IQ, I am talking about close to 85% of Nigeria's population are mentally challenged. They lack mental capacity to makegood decisions for themselves. Their self esteem has being battered repeatedly by this criminals and self serving politicians, that's why you see them worshipping these guys daily. That's why you see religion, tribe and politics so powerful in Nigeria. I have said this repeatedly, not every Nigerian should vote, because I repeat majority can't make good decisions. For example Just look at that one on top mentioning PDP, while we are debating national development, and funny enough in real life that's how you have many people on top in Nigeria without brains 45 Likes 12 Shares |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by technuel: 6:02am On Aug 28, 2018 |
And when we clamour for fiscal federalism some people that calls themself professor will object that prudent management of national resources is the way forward whereas they cannot account for 4 trillion unremitted fund in NNPC. Nigeria Is a joke of a country. 6 Likes |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by Wwwnaijaitunesc: 6:02am On Aug 28, 2018 |
Examples of better countrys ![]() Ponmo is cow skin which has been processed for consumers to cook and eat like beef. Over the years cow skin popularly called ponmo has become an important delicacy that is eaten by everyone. You own a restaurant and you need someone to supply you with pomo or you consume pomo and the price is too high you can buy directly from the source at a cheaper price The pomo is dried already so you can store it for long time 50pieces 1500naira 25pieces 750naira 0 8 1 1 0 8 7 1 9 7 9 Serious dealers only
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Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by PataAlhaja(m): 6:04am On Aug 28, 2018 |
mmadu5: - Tupac Shakur Thug Life! 4 Likes |
Re: Califonia Hits $2.7T GDP And Overtakes Britain As Fifth Largest Economy by Nobody: 6:11am On Aug 28, 2018 |
I always laugh at people that says USA and UK are rivals. rivals in what ![]() ![]() check my signature 3 Likes |
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